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Ford, Chrysler Rolled Out New Rebates

The Ford Motor Co. and the Chrysler Group goThe new incentives rolled out by Ford will
back to that old standby of auto retailing -run  through  April  2.
giving incentives. This is the automakers'
way of getting away from the enduringIn order to face the auto battle squarely,
nosedives  and  pulling  sales  up.Chrysler also started offering some new
incentives of its own. It will also be
Ford earlier announced a new package ofoffering free upgrade to a HEMI engine as
incentives to match a more aggressivepart of its March "Truck Month" promotion. In
advertising campaign. Chrysler, on the otherthe said promotion, purchasers of a Dodge
hand, is now offering a free upgrade to aRam, Durango or Dakota for this month will
HEMI engine. The deal is part of theget one of the well-liked powerplants at no
automaker's March "Truck Month" promotionextra charge. Aside from this, they will
which  also  features  cash  incentives.receive up to $5,000 in consumer cash on the
Ram and $2,000 on the Durango. Purchasers of
As previously reported, the new ad campaignthe Dodge Dakota will also receive $2,000 in
of Ford, which is dubbed as the "Fordcash. Chrysler is also offering $1,000 in
Challenge", builds on the success of itsbonus cash on the Jeep Cherokee, Commander
"Fusion Challenge" ads, which have startedLimited  and  the  Liberty.
airing in January. To add a dash of spice to
the deal, Ford is offering prospective Ford"Chrysler is relying on deals like this to
Fusion customers a unique 39-month "Sign andease its inventory problems. They'll deny it
Drive" Red Carpet lease on the Fusion SE I-4until the end, but they've been putting on
with payments of $249 a month. The dealthe incentives pretty heavily," said analyst
waives the first month's payment and does notRebecca  Lindland  of  Global  Insight.
require money down. Ford Fusion purchasers
could also opt for a 2.9 percent financingGeneral Motors Corp. did not announce any new
for 60 months or $1,000 in customer cash. Forpromotions for this month however it has
the Ford Expedition, the automaker's newincreased sales incentives last month. Paul
incentives include 3.9 percent financing forBallew, GM's chief sales analyst, declined to
60  months  or  $2,000  in  customer  cash.specify the magnitude of the increase. Ballew
said, "We're going to stay competitive in
Ford is also launching news ads to promoteMarch and we'll see how the industry plays
the Ford F-series, its bread and butterout."
vehicle. The Ford F-series ads feature Mike
Rowe of the Discovery Channels popular "DirtyDetroit-based automakers are improving their
Jobs" which is a documentary series. Tovehicle lineup by upgrading auto parts auto
promote the pickup truck series, Toby Keith,and accessories like axle assembly, DC sports
a  country  music  superstar, will join Rowe.cold air intake, wheels, brakes as well as
other car system. Even if they have
To further boost the sales of Ford F-150previously announced to cut back on incentive
pickup, the most popular variant of thespending, analysts say they are here to stay
F-series, Ford is offering its customersfor the foreseeable future. "The domestics
$3,000 in cash or 0 percent financing for 60can't eliminate them all together," Alex
months on all 2007 models except for theRosten of said.
limited edition Harley-Davidson SuperCrew.



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